Meta is still burning money on AR/VR

# Meta's Massive Bet on Future Tech Is Costing Billions Right Now Meta is spending enormous amounts of money developing virtual reality headsets and augmented reality glasses, losing billions of dollars every quarter with no clear path to making that money back. The company is now adding huge AI spending on top of these losses, which means Meta's overall losses are likely to get worse before they get better. Essentially, Meta's leadership is gambling that these technologies will eventually become as important as smartphones, but investors are questioning whether the company can afford to wait that long.